ASX Announcements
Update - Dividend/Distribution - WBC
Dividend Record Date, Dividend Pay Date, Dividend Rate, Dividend Reinvestment Plan
- Jun 2, 2021
- 7 pages
Westpac Self-Funding Instalments over securities in IPL
Structured Products Distribution
- May 27, 2021
- 1 page
Westpac Self-Funding Instalments over securities in ALL
Structured Products - Other
- May 26, 2021
- 1 page
WBC - NZ Banking Group Disclosure Statement - 31 March 2021
Periodic Reports - Other
- May 26, 2021
- 47 pages
Yesterday
Energy stocks extend ASX’s record-breaking streak
Australian shares closed at another record high on Thursday supported by the energy sector and gains from all four major banks.
- Alex Gluyas
Ad agency ready to hunt for clients wanting long-term relationships
Big brands want to access all their marketing needs in one place, the newly appointed CEO of DDB Group Australia and New Zealand says.
- Miranda Ward
This Month
ASIC flags potential responsible lending cases
The corporate regulator has hosed down Treasury’s contention that responsible lending laws have squeezed the flow of credit for consumers.
- Michael Roddan
Bankers ask brokers for ‘compassion’ over lending delays
Banks have hit back at brokers complaining of long delays in approvals, asking them to have compassion and stop sending incomplete files.
- James Frost
- Opinion
- Chanticleer
How Macquarie blitzed the mortgage market
Each month when the prudential regulator releases mortgage lending data for individual banks, the first thing competitive bankers do is look at the performance of Macquarie Bank.
- Updated
- Tony Boyd
Four-year fixed interest rates below 2pc are gone
BankVic is the final lender to capitulate after raising its four-year fixed rate offer for owner-occupiers paying principal and interest to 2.29 per cent from 1.95 per cent.
- James Frost
May
Financial complaints watchdog poaches Westpac, ASIC talent
Australian Financial Complaints Authority boss David Locke’s latest hires mean all five silos within the financial complaints watchdog will be run by women.
- Peter Ker
Westpac auto loans bidders race to finish line; offers due June 11
After a few laps around the bank’s data room, bidders have turned their attention to funding.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
- Exclusive
- Funding
Westpac-backed fintech start-up mx51 raises $25m
The start-up sells a white label product that lets banks and non-bank acquirers offer merchants a payments platform to rival Stripe, Tyro and Square.
- Yolanda Redrup
- Exclusive
- Fintech
Beforepay founder hands over CEO reins to former Westpac exec
The fintech buy now, pay later start-up has been growing fast, but has hired former Westpac chief strategy officer Jamie Twiss to lead its push towards an IPO.
- Natasha Gillezeau
- Opinion
- Chanticleer
Culture splits good stocks from bad
Culture is regarded by many investors as a nebulous concept, but a leading fund manager says understanding it is the key to investment success.
- Tony Boyd
- Opinion
- Big four
How the big four banks stack up
Dividends are now at levels far more sustainable than pre-coronavirus levels, reconfirming the banks as a long-term investment for income-seeking investors.
- Elio D'Amato
- Opinion
- Big four
CBA eats Westpac’s business lunch
The big banks are gearing up for a fierce stoush in business lending as the budget unleashes a multibillion-dollar wave of spending on machinery and equipment.
- Karen Maley
- Opinion
- Venture capital
Maggie Beer spent half the company value to get on e-commerce train
Acquiring Hampers and Gifts Australia lets Maggie Beer Holdings double down on e-commerce while broadening its product base. So why was the price a mere 4.4 times earnings?
- Updated
- Adir Shiffman
ING and Macquarie blitz big four on turnarounds
A surge in loan application volumes has blown out wait times at some lenders while challenger banks are holding up well.
- James Frost
Buy, hold, sell: NAB, Westpac, Challenger, Virgin Money
Two fund managers discuss the best and the worst of the big four banks, and their top picks from the financial sector.
Boral won’t stop buyback in wake of Seven bid
Boral says it’s full steam ahead for now with a share buyback but it may change tack if market conditions shift.
- Simon Evans
- Opinion
- Regulation
Are Westpac’s Chinese walls too flimsy for a solid defence?
The bank’s defence of the regulator’s blockbuster insider trading case will likely succeed or fail on the strength of its internal information barriers.
- Michael Roddan
- Analysis
- Federal budget
Big bank levy jumped $50m at height of COVID-19 crisis
One unusual outcome of the COVID-19 panic was the way it triggered a jump in the bank levy paid by the big four banks and Macquarie.
- Updated
- Michael Roddan
- Exclusive
- Start-ups
COVID-19 and failed US deal combined to kill Data Republic
Data Republic was backed by some of the biggest names in Australia and Singapore, but its co-founder says it ran out of the money needed to keep growing.
- Paul Smith
